CFC Recycling, CFC Auto Salvage announce new ownership

CFC Recycling and CFC Auto Salvage, both headquartered in Tullahoma, Tennessee, have announced new owners in Andrew and Alex Rice.

The brothers are the second generation to lead the businesses, following their parents, Tom and Karen Rice, who founded CFC Recycling in 1989.

“We are excited to continue the legacy our parents built with CFC Recycling and CFC Auto Salvage,” Andrew Rice says. “We grew up in this business and are passionate about sustainability and providing green jobs for our community.”

CFC Recycling is a full-service recycling business with locations in Tullahoma and McMinnville, Tennessee. The company employs more than 80 people in various roles. With hundreds of industrial clients, the company specializes in recycling metal, cardboard, paper, plastic, wood and glass.

“We are committed to providing top-notch recycling services to our customers and being a responsible steward of the environment,” Alex Rice says. “We are constantly looking for ways to innovate and improve our processes to impact our community positively.”

CFC Auto Salvage, in Tullahoma, is a self-service auto parts business. The company says customers can find a wide selection of used auto parts and used metal at affordable prices while contributing to its recycling efforts.

“We’re thrilled to see our sons taking charge and continuing the heritage of CFC Recycling and CFC Auto Salvage,” Tom Rice says. “Since they were brought up in this industry, they’re sure to sustain the tradition of exceptional service at affordable prices.”